Media

October 24, 2016

Commonwealth Bank to teach female students ‘a man is not a (financial) plan’

Commonwealth Bank has overhauled its financial literacy program in schools to encourage women to be more financially independent from a younger age so they are empowered to escape domestic violence situations.

How ‘Disney dads’ are making life hell for their partners

An Australian Institute of Family Studies study into the effects of domestic violence on parenting found the “Disney Dad” phenomenon of men using money to buy their children’s allegiances while denying the mother funds was a common feature of these separations.

‘I was brainwashed’: Three women speak out on being trapped by financially abusive partners

She can’t buy anything without her partner interrogating her. He leaves her out of financial decisions and she suspects he’s keeping money secrets. She knows – because he is always telling her so – that she’s hopeless with money.

What this woman – and many others in similar situations – doesn’t realise is that she’s being financially abused.

Good Shepherd Microfinance is Australia's largest microfinance organisation. It offers a suite of people centred, affordable financial programs and loans for people on low incomes. Its aim is to enable clients to realise their own economic wellbeing through appropriate financial services. Good Shepherd Microfinance's programs have reached more than 181,000 people previously excluded from mainstream banking access, with repayment rates consistently above 94 per cent.